taxes Property Tax Assistance

2018 ISD Summary Worksheet

234-Van Zandt

234-905/Martins Mill ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	28,250,180	N/A	28,250,180	28,250,180
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,049,920	N/A	1,049,920	1,049,920
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,259,490	N/A	4,259,490	4,259,490
D2. REAL PROP:FARM & RANCH	2,033,090	N/A	2,033,090	2,033,090
E. REAL PROP NONQUAL ACREAGE	85,427,350	N/A	85,427,350	85,427,350
F1. COMMERCIAL REAL	2,995,470	N/A	2,995,470	2,995,470
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	260,394	N/A	260,394	260,394
J. UTILITIES	6,516,898	N/A	6,516,898	6,516,898
L1. COMMERCIAL PERSONAL	766,360	N/A	766,360	766,360
L2. INDUSTRIAL PERSONAL	399,666	N/A	399,666	399,666
M. MOBILE HOMES	1,554,170	N/A	1,554,170	1,554,170
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	133,512,988	0	133,512,988	133,512,988
Less Total Deductions	23,740,148	0	23,740,148	23,740,148
Total Taxable Value	109,772,840	0	109,772,840	109,772,840

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1	T2	T3	T4
114,193,346	109,772,840	114,193,346	109,772,840

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,420,506	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
114,193,346	109,772,840	114,193,346	109,772,840

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

234-905-02/Martins Mill ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	28,250,180	N/A	28,250,180	28,250,180
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,049,920	N/A	1,049,920	1,049,920
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,259,490	N/A	4,259,490	4,259,490
D2. REAL PROP:FARM & RANCH	2,033,090	N/A	2,033,090	2,033,090
E. REAL PROP NONQUAL ACREAGE	85,427,350	N/A	85,427,350	85,427,350
F1. COMMERCIAL REAL	2,995,470	N/A	2,995,470	2,995,470
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	260,394	N/A	260,394	260,394
J. UTILITIES	6,516,898	N/A	6,516,898	6,516,898
L1. COMMERCIAL PERSONAL	766,360	N/A	766,360	766,360
L2. INDUSTRIAL PERSONAL	399,666	N/A	399,666	399,666
M. MOBILE HOMES	1,554,170	N/A	1,554,170	1,554,170
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	133,512,988		133,512,988	133,512,988
Less Total Deductions	23,740,148		23,740,148	23,740,148
Total Taxable Value	109,772,840		109,772,840	109,772,840

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1	T2	T3	T4
114,193,346	109,772,840	114,193,346	109,772,840

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,420,506	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
114,193,346	109,772,840	114,193,346	109,772,840

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption